Aviatra Accelerators Elevates Office Leasing in Covington with a Co-Working Space Designed Specifically for Women Local Business Aviatra Accelerators Launches Women-Only Co-Working Space in Covington Cincinnati-based Aviatra Accelerators is transforming office leasing in Covington with the launch of a co-working space designed for women. Competitive rental rates are available in the submarket, and it is an inviting environment for women entrepreneurs. “Aviatra Accelerators strives to empower women business owners through the professional environment that inspires growth and connectivity,” said Wink Taylor, executive director of Aviatra Accelerators.
The new facility will open in November and the facility is ready to face one of the severe challenges that women entrepreneurs have endured which include unaffordable and inaccessible commercial space. Aviatra Accelerators president Jill Morenz recognized the problem: “A lot of women are running their businesses out of a home or pretty informal environments simply because the environment is so expensive.” Her model of going to coffee shops to meet clients instead of a traditional office space leaves an economic gap that her organization seeks to fill by offering services at below-market rate.
It would be really helpful to have an office that I really own,” says Zigoris, founder of The High Road Leadership Consulting. “Having dedicated office space would really allow me to throw myself fully into my business.” Zigoris based her company in a home office. Here family and friends were very distracting. She believes that a well-structured office working environment is needed as it will provide her with the service provision that she needs to offer to clients; referred to it as “a sacred and safe space for me to help people move forward and grow.”.
Since its establishment in 2016, Aviatra Accelerators company has met the burgeoning demand for resources that support women-led ventures in Northern Kentucky. As a nonprofit organization, it ensures affordable office space, extended networking opportunities, mentorship programs, and conference halls in support of creating a lively ecosystem around women entrepreneurs.
The current economic scenario poses additional challenges before the small businesses, especially with the increasing commercial rents. It has been indicated through research by the Institute for Local Self-Reliance that such rent can skyrocket as high as 7% to 26% yearly in highly sought-after areas. Aviatra takes a step forward in mitigating this challenge by avowing the advantage of below-market rents to its female entrepreneur tenants so they will not need to fight the constant rise in costs and focus more on business growth.
Zigoris, the newly announced incubator, says “The six-month lease gives me flexibility to evaluate the space and eventually transition to a permanent location within the community.” She expressed her desire to remain actively engaged in the local entrepreneurial ecosystem. Aviatra’s initiative is the greatest advancement in the quest to support women entrepreneurs by building a community conducive to their growth and success.
